Salary increase calculator

Free Pay Raise Calculator

A pay raise calculator compares your current pay with a proposed raise so you can see the new salary or hourly wage, annual increase, monthly increase, per-paycheck change, raise percentage, and estimated after-tax impact.

Raise summary

$63,000

New estimated annual gross pay after a 5.00% raise.

Annual gain

$3,000

Per paycheck

$115.38

Raise inputs

Pay raise results

New annual pay

$63,000

Up from $60,000 before the raise.

Raise percentage

5.00%

$3,000 more per year before taxes.

Monthly increase

$250.00

Gross monthly lift before tax withholding and deductions.

Estimated take-home

$2,250

Annual increase after a 25.0% estimated withholding rate.

Before and after breakdown

Current annual salary

Your current gross pay converted to the selected pay basis.

$60,000.00

New annual salary

Your new gross pay converted to the selected pay basis.

$63,000.00

Weekly increase

Gross pay increase spread across a standard 52-week year.

$57.69

Hourly equivalent increase

Annual raise divided by 40 weekly hours and 52 weeks.

$1.44

Every 2 weeks paycheck increase

Gross raise amount divided by your selected paycheck frequency.

$115.38

Estimated take-home per paycheck

Approximate after-withholding increase per paycheck.

$86.54

How to use this salary increase calculator

Step 1

Enter your current pay

Choose whether your pay is hourly, weekly, monthly, or annual, then enter the current gross amount before taxes.

Step 2

Choose the raise type

Model a percentage raise, a flat dollar increase, or a target new pay amount to compare the before-and-after result.

Step 3

Set hours and pay frequency

Hourly workers should enter typical weekly hours. Pick a pay frequency to estimate the increase per paycheck.

Step 4

Review the pay impact

Use the annual, monthly, weekly, hourly, per-paycheck, and estimated take-home figures to evaluate the offer or plan a negotiation.

Pay raise FAQ

How do I calculate a percentage pay raise?

Multiply current pay by the raise percentage, then add that raise amount to current pay. For example, a 5% raise on a $60,000 salary is $3,000, so the new salary is $63,000.

How do I convert an hourly raise to an annual raise?

Multiply the hourly increase by weekly hours and then by 52. A $2 hourly raise at 40 hours per week is about $4,160 more per year before taxes.

What is a good pay raise percentage?

A typical annual merit raise is often a few percent, while promotion, market adjustment, or retention raises can be higher. The right benchmark depends on role, location, inflation, performance, and market pay.

Is the pay raise calculator before or after taxes?

The main results are gross before-tax estimates. You can add an estimated withholding rate to approximate take-home increase, but actual taxes depend on benefits, filing status, deductions, and local rules.

Can I use this calculator for a salary negotiation?

Yes. Use the target-pay mode to see what raise percentage and dollar increase a requested salary would represent, then compare the monthly and paycheck-level impact.

Plan the paycheck details behind the raise

CarePaycheck helps families and household employers think through pay, taxes, reimbursements, and caregiver payroll decisions with free planning tools.

Try CarePaycheck

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